Maintenance Costs / Area ($/area) metric

Determines cost efficiency based on comparing the maintenance costs to the overall area of the facilities.

Details of the metric Description
Name Maintenance Costs / Area ($/area)
Category Financial
Analysis objective for exception conditions Determines which facilities have good or poor cost efficiencies. Determines which particular maintenance costs are causing the inefficiencies. Uses time trend analysis to compare seasonal peaks, anomalies, or trends.
Description Informs management how they compare to industry benchmarks and allows managers to compare maintenance costs across geographical regions, facilities, and building types.
Source IFMA
Measurement Total Maintenance Cost / Total Facility Area
Dependent data that is calculated
  • Total Maintenance Cost: Sum of Financial Summary table filtered for Cost Type = Maintenance. This includes all maintenance-related Cost values such as Utilities, Custodial, Grounds.
  • Total Facility Area: Building Rentable Area
Roles
  • OP Executive
  • OP Service Manager
  • OP Facility Assessment Manager/Planner
Display chart types
  • Value-based: Horizontal Stacked Bar Chart (Capture Period: Vertical Stacked Bar Chart)
  • Score-based: Horizontal Stacked Bar Chart (Capture Period: Vertical Stacked Bar Chart)
Thresholds
  • Low Threshold: Not Used
  • High Threshold: Not Used
  • Range 1: Not Used
  • Range 2: Not Used
  • Range 3: Not Used
Fact details Module: triMetricFact

Business Object: triBuildingFact

Metric Queries: triBuildingFact - Metric - Maintenance Costs / Area ($ / Area), triBuildingFact - Metric - Maintenance Costs / Area ($ / Area) (Score)
Drill paths
  • Geography
  • Location
  • Capture Period
Interactive filters
  • Geography
  • Location
  • Building Class
  • Building Tenure
For US Federal Government:
  • Geography
  • Location
  • Real Property Type
  • Real Property Use
  • Mission Dependency
  • Legal Interest
Static filters Cost Type Classification = Maintenance
Time Months
Data point refresh rate Monthly
License dependency Maximo® Real Estate and Facilities Operations
Functional dependency
  • Building (Area Calculations)
  • Financial data from external corporate system